XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

)

$30,174 - $59,488

Country: United States

Currency: USD

Updated: 11 Feb 2018

Individuals Reporting: 417

Job Description for Assistant Buyer

An assistant buyer works closely with vendors, maintaining positive relationships while negotiating specs, pricing, and deadlines. They must be able to work independently and prioritize job duties, as well as prepare cost analyses and competitive retail strategies. They must be able to develop sales and profit margin plans, as well as maintain margin and determine turnover objectives.

Communication skills are a vital part of being an assistant buyer. They must communicate with merchandise departments, logistics, finance, operations, clubs, and vendors to provide information and problem solve. Assistant buyers, who work in a variety of industries, are expected to communicate with all people involved in the buying process and deal with any problems that may arise. Many assistant buyers are required to travel to different areas to attend vendor meetings and check competitors' pricing. It is important to have transportation and be familiar with the area(s) relevant to their work and purchasing.

Most companies expect assistant buyers to have a bachelor's degree in business or equivalent experience; many require a bachelor's or one to three years of experience in retail buying, allocation, or replenishment. Many companies also prefer retail operations experience. Assistant buyers must have organizational skills, as well as the ability to multitask. They must possess a strong knowledge of the Microsoft Office software suite and be able to create specialized spreadsheets through Excel. (Copyright 2018 PayScale.com)

Popular Employer Salaries for Assistant Buyer

Common Career Paths for Assistant Buyer

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Popular Skills for Assistant Buyer

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Pay by Experience Level for Assistant Buyer

Pay by Experience for an Assistant Buyer has a positive trend. An entry-level Assistant Buyer with less than 5 years of experience can expect to earn an average total compensation of $41,000 based on 606 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Assistant Buyer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $45,000 based on 145 salaries. An experienced Assistant Buyer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $46,000 based on 55 salaries. An Assistant Buyer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $63,000 based on 14 salaries.